Archive for July, 2018

OCIMF releases new information paper Guidelines to Harden Vessels

OCIMF releases new information paper Guidelines to Harden Vessels
Layers of defence figure 25 July 2018 – London – OCIMF has released a new information paper that recommends a layered defence methodology for hardening vessels to help prevent unauthorised boarding. These are: First layer: prevents unauthorised access to the vessel. Second layer: prevents or...
July 26th, 2018 | Associations, Books, Piracy and Terrorism, Reports, Shipmanagement | Read More

Survey launched on welfare needs of superyacht crew

Survey launched on welfare needs of superyacht crew
… The International Seafarers’ Welfare and Assistance Network (ISWAN) is partnering with MHG Insurance Brokers to launch a survey of seafarers who work on superyachts to investigate welfare issues specific to the sector. Questions will be asked on food, cabins and communications, as well...
July 26th, 2018 | Health and Safety, HR, Manning - Seafarers and Offshore, Reports, Safety and Security, Yachting | Read More

HELMEPA and the Aegean Sailing Regatta at the island of Lipsi

HELMEPA and the Aegean Sailing Regatta at the island of Lipsi
All participants in a photo call… The informative and awareness-raising activities are continuing with HELMEPA’s support in the framework of the 55th Aegean Sailing Regatta, which the organizer, Hellenic Offshore Racing Club (HORC), has dedicated this year to the protection of the seas. On...
July 26th, 2018 | Associations, Charity, Environment, Events, Conferences,Forums and Symposiums, Pollution | Read More

BLOC announces consortium for blockchain in bunkering with Lloyd’s Register, BIMCO, Precious Shipping, Bostomar, IBIA, and GoodFuels

BLOC announces consortium for blockchain in bunkering with Lloyd’s Register, BIMCO, Precious Shipping, Bostomar, IBIA, and GoodFuels
Image by Igor Grochev/Shutterstock.comBlockchain technology set to increase in transparency and traceability in marine fuel supply chain. Consortium will demonstrate the application of blockchain as a means of facilitating an increase in transparency and traceability in marine fuel supply chain as part...
July 26th, 2018 | Associations, BIMCO, Bunkering, Corruption, News, Ports & Terminals | Read More

What an odd figure for the BDI@1,772…

What an odd figure for the BDI@1,772…
John Faraclas The BDI (Baltic Dry Index) lost two points earlier on today amid odd figures… Geopolitics as messy as ever and the Inferno in Greece – Attica region in particular is more than shameful; John Faraclas’ daily briefing: The Capes’ BSI is reported as going up even though the time-charter...
July 25th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Don’t miss Lodia* 2018 in Chios

Don’t miss Lodia* 2018 in Chios
. Don’t miss in Chios, the island of the winds, the island that rules Planet Ocean’s waves** and in particular at Vrontados, the second largest town on Greece’s fifth largest island, Lodia 2018. This year the Sailing, Water Polo and Swimming races coincide with the Vrontados Centennial***!...
July 25th, 2018 | Anniversaries, Associations, Charity, Events, Sailing, Sports | Read More

Olympiacos FC and Vangelis Marinakis offer one million euros to Greek wildfires victims

Olympiacos FC and Vangelis Marinakis offer one million euros to Greek wildfires victims
.. The leader of the Red and Whites instructed his associates to provide funds immediately to support residents devastated by wildfires 24 July 2018 – Olympiacos FC is always ready to help our fellow human beings who are in need, and it has done so countless times, on orders from its leader, Vangelis...
July 25th, 2018 | Charity, News, Sports | Read More

“K” Line: The settlement of the lawsuit against APL Logistics Ltd.

“K” Line: The settlement of the lawsuit against APL Logistics Ltd.
In September 2016, employees of APL Logistics Ltd.(APLL) sent erroneous e-mails to its customers which were not based on the facts regarding our financial situation. We thereafter filed a lawsuit at the Tokyo District Court in December 2016 demanding damages in relation to such e-mails. APLL and its parent...
July 25th, 2018 | Legal | Read More

Businesses expect Industrial IoT to boost their revenues by $154 million finds Inmarsat study

Businesses expect Industrial IoT to boost their revenues by $154 million finds Inmarsat study
Over a third struggle with connectivity issues to fully deploy Industrial IoT across the global supply chain 25th July 2018: The Industrial Internet of Things (IIoT) is set to make a sizeable contribution to the global economy by 2023. This is according to a new global study launched today by Inmarsat...
July 25th, 2018 | IT and Communications, Marine Equipment Products and Services, Technical, Technology | Read More

Meet DNV GL’s energy experts at CIGRE 2018

Meet DNV GL’s energy experts at CIGRE 2018
We would like to inform you about our presence at the Cigré 2018 in Paris and would be happy to meet you at our booth #327 or in one of the technical sessions. Join us to learn more about how DNV GL can support your grid project, covering all project phases from strategy and development to construction...
July 25th, 2018 | Classification Societies, Events, Conferences,Forums and Symposiums, Exhibitions | Read More

Stephenson Harwood team publishes fourth edition of leading shipping finance text

Stephenson Harwood team publishes fourth edition of leading shipping finance text
. Shipping finance experts from law firm Stephenson Harwood have published the fourth edition of the leading industry text, Shipping Finance: A Practical Handbook. Shipping Finance includes an analysis of ship mortgage terms and conditions, and mortgagee rights across the main maritime jurisdictions....
July 25th, 2018 | Books, Insight, Legal, Shipfinance | Read More

IUA Chairman addresses Annual General Meeting

IUA Chairman addresses Annual General Meeting
Malcolm Newman Brexit is the greatest structural challenge facing the London company market, the Chairman of the International Underwriting Association declared at its annual general meeting today (25 July). Speaking to member representatives at the association’s Minster Court office, Malcolm Newman...
July 25th, 2018 | Associations, IUA | Read More

Platform publishes South Asia Quarterly Update #16

Platform publishes South Asia Quarterly Update #16
… Brussels, 25 July 2018 – There were a total of 220 ships broken in the second quarter of 2018. Of these, 169 ships were sold to the beaches of South Asia for dirty and dangerous breaking [1]. Between April and June, 6 workers have lost their lives and 7 workers have been severely injured...
July 25th, 2018 | Associations, Health and Safety, Maritime Accidents, Ship Demolitions | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, July 25, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, July 25, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Core government bond yields retreated from Tuesday’s highs as market speculation that the BoJ will likely scale back its monetary stimulus at the next policy meeting on 30 July, faded. Furthermore, investors adopt a cautious tone...
July 25th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@1,774; messy geopolitics and the Greek inferno… continues

The BDI@1,774; messy geopolitics and the Greek inferno… continues
Fire Smog still covers the plain of Athens The BDI (Baltic Dry Index) was up 56 points earlier on today giving, still, some hope, but: one size cannot dictate the market, nor it constitutes one! John Faraclas daily recap: The BDI with 56 points plus now since yesterday stands at 1,774 points, the closest...
July 24th, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Music for the Soul

Music for the Soul
Sally Wave, Joy Tedford and Petia Kassarova. Music for the Soul: the triumph of Trio Bourgas  By James Brewer  A friendship between three girls brought up in the Black Sea city of Bourgas has blossomed into full maturity as they reunited in the UK, now all accomplished and celebrated musicians. Summoning...
July 24th, 2018 | Events, Music | Read More

Hot Port News from GAC

Hot Port News from GAC
24-Jul-2018 NEW REPORT SHOWS PERSISTENT PIRACY RISK IN GULF OF GUINEA Worldwide New report shows persistent piracy risk in Gulf of Guinea Tuesday, July 24, 2018, Worldwide The second quarterly report from the ICC International Maritime Bureau (IMB) shows that all 2018 crew kidnappings have so far occurred...
July 24th, 2018 | Piracy and Terrorism, Ports & Terminals | Read More

SMS Avonmouth carries out major refit of dredger in UK port of Bristol

SMS Avonmouth carries out major refit of dredger in UK port of Bristol
The City of Cardiff SMS AVONMOUTH RELOCATES TO BIGGER PREMISES AND COMPLETES THE LARGEST ALONGSIDE REFIT OF THE YEAR AT BRISTOL PORT Leading ship repairer SMS Avonmouth – part of the Southampton-based SMS Group – has completed a major refit alongside in the UK port of Bristol for Tarmac, and relocated...
July 24th, 2018 | Ship Conversions, Shipbuilding and Shipyards, Shiprepair, Technical, Technology | Read More

Diana Containerships completes sale of post panamax contship “Hamburg”

Diana Containerships completes sale of post panamax contship “Hamburg”
.. DIANA CONTAINERSHIPS INC. ANNOUNCES COMPLETION OF SALE OF A POST-PANAMAX CONTAINER VESSEL WITH DELIVERY TO HER NEW OWNERS AND DEBT-FREE BALANCE SHEET ATHENS, GREECE, July 24, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership...
July 24th, 2018 | Company Profiles, Containers, Markets, Sales and Purchases | Read More

PIMFA warns on the consequences of a no deal Brexit

PIMFA warns on the consequences of a no deal Brexit
John Barrass, PIMFA Deputy CEO 24th July 2018 – Following the fast-moving Brexit developments, PIMFA – the UK’s leading wealth management and financial advice association – has raised concerns on the potential impacts of a ‘no-deal’ Brexit and how it will affect private investors and...
July 24th, 2018 | European Union, Markets, Politics and Government | Read More

Diana Shipping announces the full repayment of the loan to Diana Containerships

Diana Shipping announces the full repayment of the loan to Diana Containerships
DIANA SHIPPING INC. ANNOUNCES THE FULL REPAYMENT OF THE LOAN TO DIANA CONTAINERSHIPS INC. ATHENS, GREECE, July 24, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that on July 23, 2018, it received...
July 24th, 2018 | Company Profiles, Containers, Dry Bulkcarriers, Finance, Markets, News, Shipfinance | Read More

LR grants cyber security AiP to DSME Smart Ship Solution (DS4®)

LR grants cyber security AiP to DSME Smart Ship Solution (DS4®)
From the AiP ceremony 24 July 2018 – Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has received approval in principle (AiP) from Lloyd’s Register (LR) for the DSME Smart Ship Solution (DS4®), receiving the Cyber SECURE notation, which confirms compliance with LR’s cyber security...
July 24th, 2018 | Classification Societies, News, Shipbuilding and Shipyards | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, July 24, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, July 24, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global government bond yields remained in an upward trend in early European trade on Tuesday on reports suggesting that the BoJ will likely scale back its monetary stimulus at the next policy meeting on 30 July. Potential for fresh...
July 24th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Sailors’ Society shortlisted for charity of the year

Sailors’ Society shortlisted for charity of the year
Stuart Rivers An international maritime charity has been shortlisted for charity of the year. Sailors’ Society, which has its head office in Southampton, will compete against six other organisations at the Charity Times Awards in London on 3 October. The awards recognise leadership and professionalism...
July 24th, 2018 | Associations, Awards, Charity | Read More

Greece: Wildfire inferno in Attica claims 50 dead and 160 injured…

Greece: Wildfire inferno in Attica claims 50 dead and 160 injured…
Fire Smog covers the plain of Athens Further to our late report last night, despicable on all counts developments on what Attica, Greece, Europe, the entire Planet Ocean witnessed from yesterdays and all night long inferno! Time to ensure things like this NEVER ever happen again and above all time to...
July 24th, 2018 | Breaking News, Story of the Month | Read More